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Heavy industries to get power price relief under new EU state aid rules, draft document shows

25/06/2025

Energy intensive industries will receive temporary electricity price relief under new EU state aid rules due to be announced on

US strikes on Iran intensify oil supply risks

25/06/2025

The bombing of Iranian nuclear facilities by the US over the weekend increased supply risks significantly for the oil and

Middle East Crude-Oman and Dubai move lower amid thin trading

25/06/2025

Middle East crude benchmark spot premiums of Oman and Dubai declined for a second session on Tuesday, while that of

Asia Distillates: Markets dip 8%; July offers from China refiners emerge

25/06/2025

Asia’s middle distillates markets extended losses, continuing on its downward trajectory for a second straight session against a backdrop of

Europe Gas: Prices fall over 10% on Iran-Israel ceasefire news

25/06/2025

Dutch and British wholesale gas prices across the board fell more than 10% on Tuesday morning on news that Iran

Westwood Insight – UKCS geological potential remains but sentiment shift is needed

25/06/2025

The geology has not changed – just the mindset. While political rhetoric paints UK production in terminal decline, the subsurface

US natgas prices ease on forecasts for lower demand despite brutal heat wave

25/06/2025

U.S. natural gas futures eased about 1% to a one-week low on Tuesday on rising output so far this month

Brazil’s Prio targets doubling oil output in 2026, cheers higher prices

25/06/2025

Brazilian oil company Prio PRIO3 expects to double its daily output next year when compared with 2024 levels, driven by

Naphtha prices plunge after Brent sinks

25/06/2025

Asia’s naphtha prices tanked on Tuesday in tandem with crude oil benchmarks, which slumped 5% after Israel agreed to U.S.

Maintenance at Russia’s Sakhalin-1 to halt crude output in August, sources say

25/06/2025

Russia’s largest oil producer Rosneft ROSN will suspend output of its export-oriented Sokol crude grade at its far eastern Sakhalin-1

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